Saudi Investment in Turkey Real Estate

Studies show that Saudi companies and investments registered a significant increase after Turkey adopted more laws and regulations that help to invest in many sectors such as tax cuts and other facilities that attracted investors significantly.

Saudi Investment in Turkey Real Estate
18,871
2022-01-05


Saudi Investment in Turkey

Turkish real estate sector is considered one of the most commercial sectors that are attracting investors and Saudis in particular. Studies show that Saudi companies and investments registered a significant increase after Turkey adopted more laws and regulations that help to invest in many sectors such as tax cuts and other facilities that attracted investors significantly.

Saudi Investment in Turkey Properties

Over the years, Saudi Arabia has been one of the most foreign countries to invest in real estate in Turkey.

مشاريع باطلالة بحرية في اسطنبول انجليزي مشاريع باطلالة بحرية في اسطنبول انجليزي

According to data from the Turkish Statistical Institute, Saudis real estate ownership in Turkey for 2017, for example, exceeded 3,300 properties by up to 100 % of 2016, thus Saudis were the second most foreign nationalities that owned the property that year.


In accordance with the 2012 law on foreign nationals entitled to own real estate in Turkey, the principle of reciprocity was reviewed on the subject of foreign ownership of real estate in Turkey and the restrictions on the ownership of some foreigners including Saudi citizens were left. Thus, Saudis in Turkey can own real estate in Turkey without conditions.

Saudi nationality campaign has the right to own all types of properties in Turkey including apartments, villas, shops, commercial offices, stores, hotels, buildings, lands, farms and other types of residential and commercial properties.

Edited by: Imtilak Real Estate ©

More from Imtilak
What is the townhouse? The Complete Guide to Living in a Townhouse

The townhouses are trending in the real estate market. It offers the perfect blend of affordability, community, and priv...

2024-02-23
277
What is the penthouse? Your sky-high luxury living

Learn everything you need to know about penthouses. Discover the pros and cons of living in a high-rise apartment with s...

2024-02-23
282
Mortgages Explained: Your Ultimate Guide to Homeownership

Buy your dream home! This guide helps you understand mortgages and the different types of home loans. Learn key terms an...

2024-02-23
194
contact contact

Talk to us on your favorite channel

What are you looking for in a property?

back

Channels

Thank you!

close

Your message has been successfully sent. We will contact you very soon!